Indiegogo Insures Against Failure

Indiegogo is experimenting with offering insurance against the failure of crowdfunding campaigns run on its platform. According to TechCrunch, backers can pay an optional insurance fee which guarantees them a refund if they do not receive the final product within three months of the estimated delivery date.

Indiegogo is currently only offering insurance on one project — Olive, a smart wearable designed to combat stress — with $15 ensuring peace of mind should the $129 device fail to ship. It isn’t yet clear that this option will be rolled out to all future Indiegogo campaigns. But it’s certainly a good idea.

The Man Who (Claimed He) Named Google

And finally, Bob Pritikin claims he’s the reason Google is named Google. And he wants a check, or at least a thank-you note, from Larry Page and Sergey Brin acknowledging the part he played in the forming of the search and advertising giant.

This is just one of the interesting elements that make up ‘Googol, the Nine Lives of Bob Pritikin‘, a self-released documentary about the self-titled “San Francisco icon.” It’s on YouTube, it’s free, and, whether you believe a word of it or not, it’s actually well worth watching. [H/T Gizmodo]

Your Views On Today’s Tech News

Have you ever suffered abuse on Twitter? Is Indiegogo sensible to offer insurance against failed crowdfunding campaigns? Do you believe Bob Pritikin inspired the naming of Google?

Let us know your thoughts on the Tech News of the day by posting to the comments section below. Because a healthy discussion is always welcome.

I watched that entire Nine Lives "documentary". He's a self-important little Prit, isn't he? Apparently, if someone famous stays in his hotel that makes them one of his famous friends, and if he uses a word in an advertisement then he owns that word. The term Googol was in existence before he used it, and I'm sure that the founders of Google would have come across it without his advert ever existing.